As President Barack Obama selects Wall Street executive Bill Daley as his new White House Chief of Staff, will liberal U.S. Senator Bob Menendez (D-NJ) stand by his calls for an investigation of alleged wrongdoing by Daley’s current firm, J.P. Morgan Chase? Just three months ago, Menendez joined left-wing U.S. Senator Al Franken (D-MN) in alleging that J.P. Morgan Chase “routinely filed false affidavits, triggering thousands of illegal foreclosures on unwitting homeowners,” and called for a full investigation. Daley is Midwest Chairman of J.P. Morgan Chase, and has also received hundreds of thousands of dollars in deferred compensation from Fannie Mae. Both J.P. Morgan and Fannie Mae are major taxpayer-funded bailout recipients. “Considering Senator Menendez’s harsh rhetoric, we look forward to hearing his thoughts on today’s announcement by the White House. Does he still call for an investigation into Bill Daley’s firm, or was Menendez simply pandering in order to…
Does Ben Nelson Stand By Attacks On Bill Daley’s Bailout-Funded Compensation?
As President Barack Obama selects Fannie Mae and J.P. Morgan Chase executive Bill Daley as his new White House Chief of Staff, will liberal U.S. Senator Ben Nelson (D-NE) stand by his criticism of deferred compensation for executives like Daley in companies accepting government funds? In a 2009 press release, Nelson claimed he had “pushed to make sure that not one dime of the money Congress approved to stabilize our financial system be used to pay bonuses or deferred compensation for executives in companies accepting government funds.” But Daley has received hundreds of thousands of dollars in deferred compensation from Fannie Mae, and is Midwest Chairman of J.P. Morgan Chase, both major taxpayer-funded bailout recipients. “Considering Senator Nelson’s rhetoric, we look forward to hearing his thoughts on today’s announcement by the White House. Does Ben Nelson still believe Bill Daley is wrong to accept bailout-funded compensation, or was Nelson simply…
After Blasting Wall Street “Recklessness,” Where Does Stabenow Stand On White House Appointment Of Banking Exec Bill Daley?
As President Barack Obama selects Fannie Mae and J.P. Morgan Chase executive Bill Daley as his new White House Chief of Staff, will liberal U.S. Senator Debbie Stabenow (D-MI) stand by her attacks on the “recklessness” of banking executives like Daley, who she accused last March of “gambling with people’s pensions, with people’s 401(k)s, with their jobs, with small businesses?” A prominent banking executive, Daley has received hundreds of thousands of dollars in deferred compensation from Fannie Mae, and is Midwest Chairman of J.P. Morgan Chase, both major taxpayer-funded bailout recipients. “Considering Senator Stabenow’s harsh rhetoric, we look forward to hearing her thoughts on today’s announcement by the White House. Does Stabenow still accuse Bill Daley of “recklessness,” or was she simply pandering in order to score political points with voters?” asked National Republican Senatorial Committee (NRSC) Press Secretary Chris Bond. Background Information: Stabenow Criticized Wall Street Executives For Showing…
Does Sherrod Brown Still Think Bill Daley’s “Greed Led To More Than 7 Million Americans Losing Their Jobs?”
As President Barack Obama selects Fannie Mae and J.P. Morgan Chase executive Bill Daley as his new White House Chief of Staff, will liberal U.S. Senator Sherrod Brown (D-OH) stand by his strident claim that the “greed” of executives like Daley “led to more than 7 million Americans losing their jobs” and “more than 6 million home foreclosures?” Last March, Brown complained to CNN’s Rick Sanchez of “too much Wall Street influence.” As a Wall Street executive, Daley has received hundreds of thousands of dollars in deferred compensation from Fannie Mae, and is Midwest Chairman of J.P. Morgan Chase, both major taxpayer-funded bailout recipients. “Considering Senator Brown’s harsh rhetoric, we look forward to hearing his thoughts on today’s announcement by the White House. Does Brown still believe Bill Daley’s ‘greed’ is the root cause of our struggling economy under President Obama’s watch, or was he simply pandering in order to…
Does Claire McCaskill Still Think Bill Daley Is A Wall Street “Idiot?”
As President Barack Obama selects Fannie Mae and J.P. Morgan Chase executive Bill Daley as his new White House Chief of Staff, will liberal U.S. Senator Claire McCaskill (D-MO) stand by her 2009 comments in which she repeatedly referred to Wall Street executives like Daley as “idiots?” As MSNBC reported at the time, McCaskill referred to banking executives like Daley as “a bunch of idiots on Wall Street that are kicking sand in the face of the American taxpayer,” continuing: “These people are idiots. You can’t use taxpayer money to pay out $18-billion in bonuses… What planet are these people on?” Daley has received hundreds of thousands of dollars in deferred compensation from Fannie Mae, and is Midwest Chairman of J.P. Morgan Chase, both major taxpayer-funded bailout recipients. “Considering Senator McCaskill’s harsh rhetoric, we look forward to hearing her thoughts on today’s announcement by the White House. Does McCaskill still…
Statement On Senate Democrats’ Health Care Division
As the House prepares to vote next week on a Republican measure to repeal ObamaCare, we wanted to flag a developing issue for you on the Senate side of the health care debate. The New York Times reports today: Democratic leaders in Washington plan to spend the next week doing what they all but refused to do in the 2010 midterm elections: mount a vigorous defense of President Obama’s health care legislation. The “all fronts” plan is a response to the decision by the new House speaker, John A. Boehner, to schedule a vote next Wednesday on a complete repeal of the health care law that Mr. Obama signed last March. Senior Democratic officials said their effort would be managed by a rapid response operation modeled after the ones Mr. Obama used in his presidential campaign. That team will monitor Republican claims, send out fact-checks and deploy a team of…
One Year Later: Bill Nelson Now Claims Ignorance Of ObamaCare Mandate He Aggressively Supported
More than a year after giving President Barack Obama the crucial 60th vote to ram the Democrats’ unpopular $2.6 trillion health care overhaul into law, liberal U.S. Senator Bill Nelson (D-FL) is attempting to distance himself from his bill’s onerous “individual mandate” by claiming ignorance. As The Hill reports: Vulnerable Democratic incumbents are bracing for a bruising debate on healthcare after the House votes on a total repeal of the law next week… Sen. Bill Nelson (Fla.), another Democrat who could have a neck-and-neck race in 2012, declined to defend the individual mandate. “I’m going to study it,” he said. Study it? Apparently, Senator Nelson is hoping Floridians forget that he was among the Senate’s most staunch supporters of the controversial health care mandate, and even voted to kill an amendment that would have removed the provision from the bill. As the Orlando Sentinel editorialized last January, “supporters of the…
Why didn’t Claire McCaskill listen to Missourians BEFORE voting for ObamaCare?
File this under “Things You Should Have Thought Of Before Voting ‘Yes.’” In case you missed it, The Hill reports that, facing an uphill reelection battle, liberal Senator Claire McCaskill is backtracking on her enthusiastic support for President Obama’s costly, unpopular health care overhaul – now saying she thinks Congress should reconsider the law’s controversial individual mandate, which a staggering 71 percent of Missouri voters rejected at the polls in August. From her perch in Washington, Senator McCaskill claims she “appreciate[s] the fact that voters are sending a message” with their strong opposition to her partisan health spending bill. Of course this begs the question – why didn’t the Senator listen to that message BEFORE she cast the crucial 60th vote to ram ObamaCare into law on a party-line vote? In response to Senator McCaskill’s attempts to distance herself from the same unpopular health care overhaul she eagerly rubberstamped, NRSC…
Sherrod Brown joins government health plan… on the backs of Ohio seniors
In case you missed it, the Plain Dealer reports that liberal Senator Sherrod Brown has flip-flopped on his previous refusal to join a government-subsidized health plan, citing the Democrats’ costly, unpopular health care overhaul as his excuse. Notably, Brown’s $2.6 trillion health spending bill cuts Medicare by $500 billion, and the nonpartisan Congressional Budget Office (CBO) reports that the Obama-Brown health care debacle “would not enhance the ability of the government to pay for future Medicare benefits” – effectively transferring health spending from seniors to younger Americans. In response to Senator Brown’s decision to reverse positions and accept government-subsidized health care on the backs of Ohio seniors, NRSC Press Secretary Chris Bond said: “It’s ironic that Senator Brown is signing up for federal health care coverage at the same time that many other Americans are facing higher premiums and forced changes to their own coverage because of the Democrats’ health…
NRSC Asks Bill Nelson How $500 Billion In Medicare Cuts “Helps” Florida Seniors
As you may have seen, Senate Democrat leaders sent a letter to Speaker-designate John Boehner yesterday outlining their opposition to repealing the health care bill and claiming it “would be irresponsible and reckless” to halt this new $2.6 trillion entitlement program. Notably, Florida Senator Bill Nelson joined his Democrat Party leaders in this effort today, stating, in part – “I don’t think the health-care law is perfect, but it certainly helps a lot of people — especially senior citizens.” In response to Senator Nelson’s continued support for President Obama’s health care overhaul and the $500 billion in Medicare cuts that it contains, Brian Walsh, NRSC Communications Director said: “Unfortunately, not only did Senator Nelson fail to read this massive bill after it was written behind closed doors and rammed through Congress, but he apparently hasn’t paid any attention to the negative effects it’s already having on Florida seniors. As he…
